Thursday, October 15, 2026

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AUD/USD pierced 50% Fib of 0.7534-0.8077 again

AUD/USD pierced 50% Fib of 0.7534-0.8077 again overnight, can't hold Long lower wick on today's candle, suggests bulls put up a fight Bears frustrated pre-RBA (>75% chance of cut priced), resistance at ~0.7850 & 0.7875/8…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • AUD/USD pierced 50% Fib of 0.7534-0.8077 again overnight, can't hold

  • Long lower wick on today's candle, suggests bulls put up a fight

  • Bears frustrated pre-RBA (>75% chance of cut priced), resistance at ~0.7850 & 0.7875/80

  • If bears break 0.7800 next support 0.7740/65 (61.8 Fib, 21&55-DMAs, cloud base)

  • Daily RSI unwinds good part of oversold conditions from last week

  • If no cut April high in play 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team